Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
23,110 total articles
Moonpig shares climbed sharply after the company reported full-year results for the year ended April 30, 2026, that outperformed analyst forecasts across core profit metrics. Adjusted EBITDA, adjusted profit before tax, adjusted EPS and EBITDA margin all topped estimates. Management also disclosed significant shareholder returns, including complete…
H.B. Fuller will buy British medical supplier Advanced Medical Solutions (AMS) in a cash deal valuing AMS at about £715 million ($942.1 million) including debt. The U.S. adhesives manufacturer will pay 285 pence per share - a 35% premium to AMS's May 20 closing price - and expects roughly $55 million in annual run-rate synergies by 2031. The transa…
British equities traded slightly higher as signs of diplomatic progress between the US and Iran alleviated some risk sentiment, even as a drop in oil prices weighed on major energy companies. Consumer confidence showed a small improvement and a mixed corporate news flow highlighted winners in retail and services.
On June 25, Jaguar Land Rover announced a U.S. recall affecting 250,857 sport utility vehicles after regulators flagged a possible corrosion problem with the driver's air bag clockspring connector that could hinder air bag deployment. Dealers will apply a protective lubricant gel to the connector terminals at no cost to owners.
Volkswagen has agreed to sell a 51% stake in its engine business Everllence to Bain Capital, keeping a 49% holding and remaining a major shareholder in the medium term. The deal is set to generate approximately €7.40 billion ($8.40 billion) in proceeds, a figure that incorporates the value of the majority stake and expected debt after closing. Ever…
European equities opened higher on Thursday, led by gains in technology names after robust forecasts from U.S. chipmakers Micron and Qualcomm revived investor interest in AI-related stocks. The STOXX 600 climbed, led by a jump in tech shares, while softer oil prices and the easing of shipping disruptions in the Strait of Hormuz lent additional supp…
European semiconductor shares rose sharply after Micron Technology posted a far stronger-than-expected fiscal third quarter and issued a revenue outlook for the current period that exceeded analyst forecasts. Several major European chip makers and related suppliers recorded mid-single-digit gains, while Micron's own stock jumped in after-hours trad…
Halfords shares climbed sharply after the motoring and cycling retailer reported FY26 preliminary results that beat analyst expectations. The company delivered underlying pretax profit of £45.4 million for the 53-week period to April 3, 2026, saw gross margin expand to a ten-year high of 52.8%, and finished the year with net cash of £11.2 million. …
Novem Group, a supplier of automotive trim components, reported a 5.6% decline in revenue for fiscal 2025/26 and a 35% year-over-year reduction in adjusted EBIT, leaving an operating margin of 6.2%. The company will not propose a dividend for the year and does not expect to pay one in 2026/27, while citing macroeconomic volatility and geopolitical …
European equities opened higher on Thursday after Brent crude erased a portion of the recent geopolitical premium and dipped below $73 per barrel. The relief in oil prices eased pressure on inflation expectations and reduced market odds of a steeper path for European Central Bank rate hikes, lifting technology and real estate names even as energy m…
Shares of Moonpig Group Plc climbed more than 10% on Thursday after the online greeting card and gifting company reported fiscal 2026 results that topped analyst estimates. Adjusted earnings per share increased 19.5% year-on-year, while adjusted EBITDA, revenue and free cash flow all came in ahead of or aligned with consensus. Management proposed a…
Tokyo's market closed higher on Thursday, with the Nikkei 225 rising 4.69% to reach a fresh record. Strength in Real Estate, Banking and Textile sectors supported the advance. Several individual names posted double-digit gains, while a handful of issues ended sharply lower. Commodity and currency moves were mixed, with crude and Brent oil lower and…
SDCL Energy Efficiency Income Trust said its net asset value per share fell 14% for the fiscal year ended March 31, 2026, while recording a pretax loss of 37.40 million. The company has initiated a managed wind-down and portfolio sale, suspended regular dividends and said future distributions will depend on debt reduction and asset disposals. The …
Iran’s Islamic Revolutionary Guard Corps has warned shipowners that using any transit route through the Strait of Hormuz not coordinated with Tehran is unacceptable and dangerous, and said it may take action against vessels that do not follow its instructions. The advisory follows a U.S.-Iran memorandum of understanding to reopen the waterway and c…
Alibaba’s Hong Kong-listed shares tumbled more than 4% to HK$94.55, hitting a near 15-month low after an AI company accused operators linked to Alibaba’s Qwen AI lab of a large-scale effort to bypass access controls. The allegation, combined with a broker price-target cut and disappointing 618 festival results, intensified sectorwide risk aversion …
Australian equities ended the session lower, with the S&P/ASX 200 closing down 0.68%. Gold, Metals & Mining and Resources names were the principal drags. A handful of stocks posted strong gains, while several mid- and small-cap names suffered steep declines. Volatility eased slightly and key commodity contracts moved lower.
SK Hynix shares rallied more than 15% to a record high, erasing earlier-week losses after rival Micron posted stronger-than-expected quarterly results and guidance. The stock’s advance was also supported by SK Hynix’s plan to raise up to $29 billion by listing American Depository Receipts on the Nasdaq. The move lifted broader sentiment on the KOSP…
Brandon Craig becomes CEO of BHP on July 1 with a heavy agenda: looming industrial action in Australia’s iron ore hub, a $2.3 billion charge tied to Jansen Stage 2 cost and schedule overruns, major project decisions across copper assets, and a cautious approach to mergers and uranium expansion. Investors are watching capex discipline, labour relati…
Shares of China’s largest state-owned lenders plunged in Hong Kong trading after the National Audit Office identified tax-related breaches at Bank of China and improper lending at Agricultural Bank of China in its annual review. The audit also cited governance weaknesses at China Everbright Environment Group, while the People’s Bank of China announ…
OVHcloud recorded a like-for-like revenue increase of 6.9% in the third quarter, reaching €289.6 million. Growth was led by a strong recovery in Public Cloud sales, while Private Cloud remained the largest contributor. Management reiterated its fiscal 2026 targets and highlighted strategic contract wins, product updates for entry-level customers, a…
Taiwan equities closed lower on Thursday, with the Taiwan Weighted finishing down 1.34% as losses in the Glass and Electricity sectors pressured the market. Several individual issues recorded double-digit percentage moves, including three stocks rising 10% and three names tumbling by around 10% or more. Commodities and currency benchmarks also move…
Cal-Maine Foods, along with other egg producers, is reported to be close to settling a Justice Department and multi-state investigation into alleged illegal coordination on egg pricing. Under the reported terms, the companies would pay multimillion-dollar civil penalties, donate over 50 million eggs, and agree to cease exchanging prices and other c…
JPMorgan raised its year-end KOSPI target to 12,500 from 9,000, calling the combination of AI-driven memory demand and an expanding data center footprint a "directionally bullish" force for South Korea’s equity market. The bank retained South Korea as its top market in the region, set a bull case of 15,000 by end-2026, and highlighted how gains in …
U.S. defence firm Anduril Industries is in negotiations to acquire Nissan Motor’s Oppama assembly plant near Tokyo with the aim of manufacturing military drones in Japan, according to three sources. While no agreement has been reached, the potential transaction comes as Japan’s government pursues expanded defence production and faces questions abou…
Jefferies has assigned Buy ratings to three UAE-listed real estate companies — Aldar Properties, Emaar Development and Emaar Properties — identifying them as well placed to benefit from a surge in infrastructure spending, robust cash generation and sizeable strategic land holdings across the Emirates.
